Tropolis Insurance Services, a technology-enabled brokerage offering property & casualty (P&C) and employee benefits solutions, has completed the acquisition of eight agencies across the US, furthering its expansion in the Midwest and South.
Financial terms of the acquisitions were not disclosed. All acquired agencies will now operate under the Tropolis brand.
In Michigan, the additions include Warrendale Insurance Agency in Livonia, led by Barb Kunina; U.P. Insurance Agency in Iron Mountain, led by Todd Lysinger; Entrust Insurance and Financial Services in St. Clair Shores, under the leadership of Dan LaLiberte; and Canopy Insurance Group in Birmingham, run by Janell Evans-Olsey and Joseph Simon. They have capabilities across multiline P&C, commercial and health insurance, high-net-worth personal lines, and large commercial accounts.
In Texas, Tropolis has acquired Infiniti Insurance Services in Spring, an agency specializing in large commercial accounts led by Hazel Moreno, and King Phillips Insurance in Houston, which provides solutions to middle-market commercial clients under Troy White. In Louisiana, the company has added Beasley Keith Insurance in Bossier City, a middle-market commercial specialist led by Gail Rinchuso, and Safe Harbor Insurance, also in Bossier City, which focuses on high-net-worth personal lines under the leadership of Ashlin Strother.
Tropolis CEO Jeff Mason described the moves as a major boost to the firm’s regional presence and commercial lines capabilities. Meanwhile, employees from the newly added agencies will join Tropolis’ Employee Purpose Plan, securing an equity stake in the firm’s future growth.
The deals come amid a sustained wave of consolidation in the US insurance agency sector. Optis Partners reported 319 M&A deals in the first half of 2025 — an 8% decline from the same period last year, but still indicative of strong activity.
On a full-year basis, 2024 saw 750 insurance agency acquisitions, down 10% from 2023’s 833 deals. Despite this dip, volumes remain well above pre-pandemic levels, which averaged around 650 annually, suggesting a new normal of 750 to 800 transactions per year.
